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Natural Gas Futures Steady Ahead of Long Weekend - The Wall Street Journal

The Wall Street Journal · last updated

Natural Gas Futures Steady Ahead of Long Weekend - WSJ

Dec. 22, 2023 9:10 am ET

0905 ET – Natural gas prices are holding gains made the previous day, heading into the long holiday weekend with participants looking for colder weather in January to lift demand and increase withdrawals from storage after a bearishly mild December. Prices were supported by yesterday’s slightly bigger-than-expected draw of 87 Bcf on underground storage in the week ended Dec. 15, which although below-average contributed to the sharpest one-day front-month gain since October. Natural gas for January delivery is up 0.1% at $2.575/mmBtu. ( anthony.harrup@wsj.com)

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